Re: The Economy : Thu Aug 29, 2013 9:10 pm  

DaveO wrote:

Thank you for proving I am right.

This "....its just not going to pick up that much if at all between now and the election so they won't have much success to point to." Is 100% correct because contrary to be what appears to be your position that we are booming it has not picked up that much at all!

And by the way if you are so convinced of this governments economic prowess is Osborne going to eradicate the structural deficit by 2015 as promised? Not even close.

Rubbish.

0.7% growth in the last quarter and a trend of growth. 1% in two quarters.

What are you going to do when the economy grows again in the next quarter? Bury your head in the sand and continue your anti-tory rubbish because you can't bear giving them any credit?

Re: The Economy : Thu Aug 29, 2013 9:38 pm  

Ajw71 wrote:

Rubbish.

0.7% growth in the last quarter and a trend of growth. 1% in two quarters.

What are you going to do when the economy grows again in the next quarter? Bury your head in the sand and continue your anti-tory rubbish because you can't bear giving them any credit?

That would be like celebrating Harold Shipman because he once tried to resucitate one of his victims.

get real daft lad

Re: The Economy : Thu Aug 29, 2013 9:48 pm  

cod'ead wrote:

That would be like celebrating Harold Shipman because he once tried to resucitate one of his victims.

get real daft lad

Labour are very worried now the economy is improving so I know why you are upset. Nevermind carry on being bitter, like I said, lefties would rather the economy tanked than it improve under the guidance of a tory chancellor. Carry on pretending you care about the poor and the hardworking - it just doesn't wash.

Re: The Economy : Thu Aug 29, 2013 10:19 pm  

Ajw71 wrote:

Labour are very worried now the economy is improving so I know why you are upset. Nevermind carry on being bitter, like I said, lefties would rather the economy tanked than it improve under the guidance of a tory chancellor. Carry on pretending you care about the poor and the hardworking - it just doesn't wash.

It was the tories and their chums who tanked the economy in the first place. In 2010 they took over a growing economy with improving job figures and systematically destroyed the stimulus

Re: The Economy : Thu Aug 29, 2013 10:33 pm  

Ajw71 wrote:

Rubbish.

0.7% growth in the last quarter and a trend of growth. 1% in two quarters.

What are you going to do when the economy grows again in the next quarter? Bury your head in the sand and continue your anti-tory rubbish because you can't bear giving them any credit?

The GDP growth trend has been going down since mid 2010, both quarterly and annually.
Job vacancies are roughly 20% lower than pre-crash
The unemployment rate is roughly 30% higher than pre-crash
Government debt to GDP has risen from 80% to 90.7% since the election
Government spending has risen by 10% pre-crash, around 7% since the election and 5% in the first 2 quarters of 2013.
Business confidence is 3 times lower than at the time of the election.
Industrial production growth is 3 times lower than at the time of the election.
Bankruptcies are roughly 30% higher than pre crash
Personal savings are roughly 40% lower than at the time of the election.
The economy is still roughly 15% smaller than it was pre-crash.

Re: The Economy : Fri Aug 30, 2013 7:43 am  

Him wrote:

The GDP growth trend has been going down since mid 2010, both quarterly and annually.
Job vacancies are roughly 20% lower than pre-crash
The unemployment rate is roughly 30% higher than pre-crash
Government debt to GDP has risen from 80% to 90.7% since the election
Government spending has risen by 10% pre-crash, around 7% since the election and 5% in the first 2 quarters of 2013.
Business confidence is 3 times lower than at the time of the election.
Industrial production growth is 3 times lower than at the time of the election.
Bankruptcies are roughly 30% higher than pre crash
Personal savings are roughly 40% lower than at the time of the election.
The economy is still roughly 15% smaller than it was pre-crash.

Yeah ... but we got some minuscule growth in GDP last quarter... Ha ! ... proof that Osborne's a genius !

Re: The Economy : Fri Aug 30, 2013 8:55 am  

You're both right and you're both wrong. I think it depends where you are on the 'social ladder' and whether you're a banker or not.

In the building industry, it has improved ever so slightly over the past 2/3 months, but nothing to get the bunting out for, which is the same in most industries.

If you're a fat cat banker, the government keeps printing you more money and giving you free loans that you can do what ever you like with.

The current financial policy of this government seems to be that if you're well off and a typical Conservative party supporter, you are well benefitted. If you're not well off but still consider yourself as a Conservative party supporter, your blind faith to follow your party makes you believe all of their statistics and soundbites. You therefore believe that the economy is booming.

If your a labour party support the opposite happens except you have to try and defend the reason we're in this mess to begin with and try and believe that if Ed was in charge it would all be hunky-dory.

If you're a Liberal Democrat supporter, you're still trying to clean the shoe polish from your lips and pull the last object David Cameron shoved up your backside.

Other more right or left wing parties are too busy running around hugging trees and demonstrating about being xenophobic to worry about the economy.

And then there is everyone else who can see some good and some bad. Overall it is pretty stagnant with a slight improvement over the past 6 months. I think the banks could still get their way and create another bubble, but we seem to be staving it off so far.

Re: The Economy : Fri Aug 30, 2013 2:08 pm  

Ajw71 wrote:

Rubbish.

0.7% growth in the last quarter and a trend of growth. 1% in two quarters.

What are you going to do when the economy grows again in the next quarter? Bury your head in the sand and continue your anti-tory rubbish because you can't bear giving them any credit?

Which economy?

[DaveO]

Re: The Economy : Fri Aug 30, 2013 2:29 pm  

Him wrote:

The GDP growth trend has been going down since mid 2010, both quarterly and annually.
Job vacancies are roughly 20% lower than pre-crash
The unemployment rate is roughly 30% higher than pre-crash
Government debt to GDP has risen from 80% to 90.7% since the election
Government spending has risen by 10% pre-crash, around 7% since the election and 5% in the first 2 quarters of 2013.
Business confidence is 3 times lower than at the time of the election.
Industrial production growth is 3 times lower than at the time of the election.
Bankruptcies are roughly 30% higher than pre crash
Personal savings are roughly 40% lower than at the time of the election.
The economy is still roughly 15% smaller than it was pre-crash.

Exactly. You have to take the whole picture into account. We aren't growing fast enough and the Government can't cut deep enough to deal with the deficit. They keep borrowing more. 0.7% growth means if Osborne could even use his idea of 80% cuts and 20% tax rises to deal with this he'd have to raise something like £6bn in taxes after 2015.

He says he won't raise taxes so either he is out to bankrupt the country by brushing the problems under the carpet or we are in for serious cuts to even so called ring fenced areas like the NHS.

Re: The Economy : Fri Aug 30, 2013 6:06 pm  

Him wrote:

The GDP growth trend has been going down since mid 2010, both quarterly and annually.
Job vacancies are roughly 20% lower than pre-crash
The unemployment rate is roughly 30% higher than pre-crash
Government debt to GDP has risen from 80% to 90.7% since the election
Government spending has risen by 10% pre-crash, around 7% since the election and 5% in the first 2 quarters of 2013.
Business confidence is 3 times lower than at the time of the election.
Industrial production growth is 3 times lower than at the time of the election.
Bankruptcies are roughly 30% higher than pre crash
Personal savings are roughly 40% lower than at the time of the election.
The economy is still roughly 15% smaller than it was pre-crash.

Where are you getting these statistics from?!